Business planning can be a detractor from running and operating the business itself. It, in and of itself, can be wholly time-consuming. However, there is a great deal of understanding to be gleaned from the discipline used in crafting an overall corporate strategy, working an effective marketing model and honing the operational effectiveness of a company. Initial research in market dynamics is of high value to a company trying to understand costs and find potential for revenue in a new product or business launch.
Business Plans for Financing
Perhaps the biggest reason to write a business plan is to submit it for consideration to investors, venture capitalists, and private equity funds for scrutiny. Understanding all the nuances, holes and potential roadblocks in your plan will be part of the grueling process of raising capital for your business.
Understanding the key flaws, the optimal strengths, any entry barriers and the competitive forces that drive an industry will help position your company well when it comes time to pitch your idea and plan. We craft plans that get funded.
Whether your plan is drafting internally or compiled by a consultant, a complete plan edit and audit is helpful to obtain constructive feedback for quality assurance. Getting funded is more difficult than most entrepreneurs think. Ensuring quality in the planning stage will be the most fundamental component for maximizing ROI.
Proforma Financial Drafting
Meaningful financial projections are often treated as smoke and mirrors when drafting your PPM. Going through the process of writing the proforma financials is helpful in determining the relevancy of various costs and the opportunity for various revenues in a sustainable way.
Being fully conversant in all areas of finance is certainly not required to help your business succeed, but explaining the financial ins and outs to investors will be absolutely essential if you’re serious about obtaining funding and growing your company.
At ROI we help draft compelling and legitimate financial projections for your business, showcasing the strengths and longevity of profitability based on current and future financing needs. We help fill-in the essential finance aspect of your business plan to ensure your funding occurs without a hiccup.
A compelling and understandable marketing plan is essential for obtaining company financing. We help draft a marketing plan that involves all aspects of client procurement by assessing the overall market demand and crafting a plan that best fits within the industry parameters and functions.
Understanding proper pricing models, what promotions to utilize, how to segment and target your market and how to hire, train and manage sales personnel will be key to your success in drafting a strategic marketing agenda. We help you with the nuances so you can take care of the big picture.
Planning is only one aspect of total delivery on your plan. Investors require execution. Execution often means long days and sleepless nights. For the determined entrepreneur, we’re here to help.
For more information, please visit http://businessplanning.org/